Structure Pro+ (BOS, CHoCH, FVG, OB)

Structure Pro+ (BOS, CHoCH, FVG, OB)
Structure Pro+ is a comprehensive Pine Script indicator designed for traders who utilize Smart Money Concepts (SMC) in their analysis. This powerful tool automatically identifies and visualizes key market structure elements, helping you gain deeper insights into price action and potential institutional movements.

Key Features:
Break of Structure (BOS): Clearly identifies trend continuation by marking points where price breaks a previous swing high in an uptrend or a swing low in a downtrend.

Change of Character (CHoCH): Pinpoints potential trend reversals when price breaks a swing point against the prevailing trend, signaling a shift in market sentiment.

Fair Value Gap (FVG) / Imbalance: Automatically highlights areas where price has moved quickly, leaving behind "imbalances" that often act as magnet zones for future price action.

Mitigation Logic: FVGs are dynamically tracked and can be set to disappear from the chart once mitigated (when price returns to fill the gap).

Order Block (OB): Detects and marks potential institutional order blocks, which are crucial supply and demand zones that frequently act as strong support or resistance levels.

Customizable Settings: Tailor the indicator to your specific trading style with extensive input options, including:

Pivot sensitivity (leftBars, rightBars)

Color and line style for BOS/CHoCH

FVG display options, including color and mitigation behavior

Order Block display options and colors

Label sizing for clarity

Integrated Alerts: Stay informed with built-in alert functionalities for:

BOS occurrences (Bullish/Bearish)

CHoCH occurrences (Bullish/Bearish)

Confluent events: BOS + FVG and CHoCH + FVG, providing high-probability trade setups when structure breaks align with imbalances. The confluenceLookback setting allows you to define the maximum distance between these events for an alert.

Why Use Structure Pro+?
This indicator simplifies the complex process of identifying SMC concepts on your charts. By automatically drawing BOS, CHoCH, FVG, and OB, Structure Pro+ helps you:

Validate your directional bias with clear visual cues.

Identify potential entry and exit points around significant structural levels.

Enhance your market understanding based on institutional footprints.

Receive timely notifications for high-probability setups, so you never miss a critical market event.

Structure Pro+ is an invaluable tool for any trader looking to refine their analysis with Smart Money Concepts.